Trading Support & Resistance for NIFTY Fut Dec Expiry - 29 Nov 2010

Trading Support & Resistance for NIFTY Fut Dec Expiry for 29 Nov 2010:-


Support:- 5710.66, 5648.98, 5570.96
Resistance:- 5850.36, 5928.38, 5990.06


Break-even Point:- 5788.68

Trading Support & Resistance for NIFTY Spot - 29 Nov 2010

Trading Support & Resistance for NIFTY Spot for 29 Nov 2010:-


Support :- 5682.03, 5612.11, 5533.88
Resistance:- 5830.18, 5908.41, 5978.33


Break-even Point :- 5760.23

Ist Target Achieved in Short NIFTY 5400 Call Dec Expiry given on 25 Nov 2010

NIFTY 5400 Call Dec Expiry Rocks Today, Short Call Given @ Rs. 458 - 480 (according to Risk Level), Stop Loss Rs. 525, Targets Rs. 410 - 365 - 300 on 25 Nov 2010


Today on 26 Nov 2010 


High was Rs. 474.50
Low was Rs. 375.05 near the IInd Target
Closing Price Rs. 401.50


So the Mark to Market Profit is = 458 - 401.50 = +56.50 Points Per Lot
Or,
Mark to Market Profit = 50 * +56.50 Points = Rs. 2825 Per Lot


So Ist Target achieved which was Rs. 410. Wait for the next Targets or below level in next week. 


The major Support was 5723.23 which I had suggested yesterday and NIFTY broke this support today and made a low level of 5690.35.


So on the basis of Major Support the next Major Support is 5556.31 on NIFTY Spot basis.


The Trading Support was 5751.03 and 5702.31 which i had suggested yesterday and NIFTY broke all these levels and made low of 5690.35.


So the next Trading Support level is 5624.28.


Note:- Be Cautious in any Long Position in NIFTY Fut with Strict Stop Loss. But there is a good Buying opportunity from Stock Point of view. Buy those stocks which have bottom out like as Unitec, Punjloyd, Deltacorp, HDIL, CoreProject, HCC etc. Do not involve your all money in at the present level. Buying relevant quantity. Market will give more buying opportunity at low level.

Trading Support & Resistance for NIFTY Spot - 26 Nov 2010

Support & Resistance of NIFTY Spot on the Basis Trading:-


Support :- 5751.03, 5702.31, 5624.28
Resistance:- 5877.78, 5955.81, 6004.53


Break-even Point :- 5829.06

Major Support & Resistance for NIFTY Spot - 26 Nov 2010

Major Support & Resistance For NIFTY Spot :-


Support :- 5680.96, 5496.18, 5167.41
Resistance:- 6194.91, 6523.28, 6708.06


Break-even Point :- 6009.73

Current Trading Strategy on NIFTY Spot @ 5799.75 - 26 Nov 2010

I had suggested that 5820 was the very important level of NIFTY but NIFTY broke this level today and made a low of 5780.35. So the next Major Support Levels are 5723.23, 5556.31, 5248.68 & Major Resistance are 6197.78, 6505.41, 6672.33.

NIFTY Movement From 19 Nov 2010 to 25 Nov 2010

NIFTY Movement From 22 Oct 2010 to 24 Nov 2010

NIFTY Movement From 24 Sept 2010 to 24 Nov 2010

If we see the above movements of NIFTY for different periods its clearly indicates NIFTY is going to be in Bearish mode or in down trend but with high volatility. 

This week we had so many matters at domestic level like as 2G Spectrum S-candle, Adarsh S-candle, Housing S-candle etc. and international level like Korean matters etc. All these are making pressure in the market and manipulating the index at downwards.

So we need to very take care about these, specially taking any Long side position in NIFTY. If taking any Long Position then a Strict Stop Loss should be follow. Be very cautious regarding Long Positions with Strict Stop Loss.

"Korean Matter will panic in the Global Market in Coming days."

So At this condition we can take following Trading Strategy :-

Strategy is Bear Call Spread means, Buy OTM Call+ Sell ITM Call

Means, Buy NIFTY 6000 Call Dec Expiry @ Rs. 60 - 75 (according to Risk Level) Current Market price is Rs. 73.45 on 25 Nov 2010, Stop Loss Rs. 35 + Short NIFTY 5400 Call Dec Expiry @ Rs. 458 - 480 (according to Risk Level) Current Market Price is Rs. 457.70, Stop Loss Rs. 525, Targets Rs. 410 - 365 - 305.

Note:- Buy NIFTY 6000 Call Dec Expiry is a Hedge Position against Short NIFTY 5400 Call Dec Expiry. So Target has not given in it.

Target Achieved in Collar Means - Book Profit in Short NIFTY 6000 Call Jan Expiry, Short NIFTY 6200 Call Dec Expiry and Long NIFTY 5800 Put Dec Expiry - 25 Nov 2010

 Book Profit in Short NIFTY 6000 Call Jan Expiry @ Rs. 125, Short Call Given @ Rs. 200 on 24 Nov 2010


Book Profit in Short NIFTY 6200 Call Dec Expiry @ Rs.25, Short Call Given @ Rs. 60 on 24 Nov 2010


Book Profit in Long NIFTY 5800 Put Dec Expiry @ Rs. 115, Long Call Given @ Rs. 70 on 22 Nov 2010


Loss From Buy NIFTY Fut Dec Expiry = 6006 - 5920 = -86 Points Per Lot
Profit From Short NIFTY 6200 Call  Dec Expiry = 60 - 25 =  +35 Points Per Lot
Profit From Short NIFTY 6000 Call Jan Expiry = 200 - 125 = +75 Points Per Lot
Profit From Long NIFTY 5800 Put Dec Expiry =  115 - 70 = +45 Points Per Lot


Or,
Loss From Buy NIFTY Fut Dec Expiry = 50 * -86 Points = Rs. -4300 Per Lot
Profit From Short 6200 Call Dec Expiry = 50 * +35 Points = Rs.1750 Per Lot
Profit From Short NIFTY 6000 Call Jan Expiry = 50 * +75 Points = Rs. 3750 Per Lot
Profit From Long NIFTY 5800 Put Dec Expiry = 50 * +45 Points =  Rs. 2250 Per Lot


So Total Profit From Collar generated on 24 Nov 2010 = 2250 + 3750 + 1750 + (-4300) = Rs. 3450 Per Lot

Current Status Collar generated on 24 Nov 2010

The call was:-


"Buy NIFTY Fut Dec Expiry @ 5950 - 6020 (according to risk level), Stop Loss 5920, Targets 6120 - 6150, Current CMP was 6006 on 24 Nov 2010 at 12: 19 PM + Carry Your Long Position in NIFTY 5800 Put Dec Expiry + Short NIFTY 6200 Call Dec Expiry @ Rs. 60 with Stop Loss Rs. 90 + Short NIFTY 6000 Put Jan Expiry @ Rs. 200 - 210, Current CMP was on 24 Nov 2010 at 12:15 PM, Stop Loss Rs. 250, Target Rs. 100 - 125."




Stop Loss Triggered in Buy NIFTY Fut Dec Expiry @ 5920
Current CMP of NIFTY 6200 Call Dec Expiry as on 24 Nov 2010  = Rs. 38.60, Short Call given @ Rs. 60 on 24 Nov 2010


Current CMP of NIFTY 6000 Call Jan Expiry as on 24 Nov 2010 = Rs. 158.70, Short Call given @ Rs. 200 - 210 on 24 Nov 2010


Current CMP of NIFTY 5800 Put Dec Expiry as 24 Nov 2010 = Rs. 120.10, Buy Call given @ Rs. 70 - 90 on 22 Nov 2010


Loss from Buy NIFTY Fut Dec Expiry = 6006 - 5920 = -86 Points
Profit from Short NIFTY 6200 Call Dec Expiry = 60 - 38.60 = +24.40 Points
Profit from Short NIFTY 6000 Call Jan Expiry = 200 - 158.70 = +41.30 Points
Profit from Buy NIFTY 5800 Put Dec Expiry = 120.10 - 70 = +50.10 Points


Or,

Loss from Buy NIFTY Fut Dec Expiry = 50* -86 Points = Rs. -4300

Profit from Short NIFTY 6200 Call Dec Expiry = 50 * +24.40 Points = Rs. 1220

Profit from Short NIFTY 6000 Call Jan Expiry = 50* +41.30 Points = Rs. 2065

Profit from Buy NIFTY 5800 Put Dec Expiry = 50* +50.10 Points = Rs. 2505

So Total Profit = 5790 - 4300 = Rs. 1490

Please Carry all the Short Position in NIFTY Call Option and Long Position in NIFTY Put Option.

For Risky Traders :- Current Trading Strategy on NIFTY Spot @ 5963.05 - 24 Nov 2010

On the Basis of Current Situation, following trading strategy is to be taken on NIFTY:-


Collar, means Long Future + Long OTM Put + Short OTM Call


So,
Buy NIFTY Fut Dec Expiry @ 5950 - 6020 (according to risk level), Stop Loss 5920, Target 6120 - 6150, Current CMP 6006 on 24 Nov 2010 at 12:19 PM+ Carry Your Long Position in NIFTY 5800 Put Dec Expiry + Short NIFTY 6200 Call Dec Expiry @ Rs. 60 with the Stop Loss of Rs. 90 + Short NIFTY 6000 Call Jan Expiry @ Rs. 200 - 210 Current CMP Rs. 200 on  24 Nov 2010 at 12:15 PM, Stop Loss Rs. 250, Targets Rs. 100 - 125.

Hold NIFTY 5800 Put Dec Expiry - 23 Nov 2010

Please Hold Long Put NIFTY 5800 Dec Expiry, Buy Call Recommended @ Rs. 70 - 90, with Stop Loss Rs. 30 on 22 Nov 2010, Current Market Price is Rs. 103. 20 at 14:09 PM, Today's on 23 Nov 2010 High is Rs. 144.90.

Target Achieved in Long Strangle - Book Profit in Buy NIFTY 6000 Put @ Rs. 170 - 23 Nov 2010

Target Achieved in Buy NIFTY 6000 Put @ Rs. 170 on 23 Nov 2010, Today's High is Rs. 180.


Long Strangle generated on 12 Nov 2010


"Buy NIFTY 6200 Call @ Rs. 30 - 45 (according to Risk level) Stop Loss is Rs. 15 + Buy NIFTY 6000 Put @ Rs. 50 - 65 (according to Risk level) Stop Loss is Rs. 30"



Stop Loss Triggered in Buy NIFTY 6200 Call @ Rs. 15 on 16 Nov 2010
Target Achieved in Buy NIFTY 6000 Put @ Rs. 170 on 23 Nov 2010


Loss in Long Call = 45 - 15 = -30 Points Per Lot or Rs. -1500 Per Lot
Profit if Long Put = 170 - 65 = 105 Points Per Lot or Rs. 5250 Per Lot


So Total Profit in Long Strangle = 105 - 30 = +75 Points Per Lot or Rs. 3750 (50*75 Points ) Per Lot

Stop Loss Triggered in NIFTY Fut Dec Expiry @ 5920 - 23 Nov 2010

Stop Loss Triggered in NIFTY Fut Dec Expiry @ 5920 on 23 Nov 2010, Buy Call Recommended @ 5890 - 5920 on  19 Nov 2010.

Stop Loss Revised in Long NIFTY Fut Dec Expiry - 22 Nov 2010

Buy Call recommended in NIFTY Fut Dec Expiry @ 5890 - 5920 with the Stop Loss of 5820, Targets 6100 -  6150 on 19 Nov 2010 but active on 22 Nov 2010.


You are suggested to revise the Stop Loss from 5820 to 5920.  So the new Stop Loss will be 5920. Today's on 22 Nov 2010 High till 15:07 PM is 6055. 


"Hold the Long Position in NIFTY fut Dec Expiry with Hedge Position in NIFTY 5800 Put Dec Expiry with Stop Loss Rs. 30. Today's on 22 Nov 2010 low is Rs. 56.40 and Current Market Price is Rs. 58.50 at 15:09 PM, Hedge Position recommended @ Rs. 70 - 90. on 22 Nov 2010 means Today. "

Hedge the Long Position in NIFTY Fut Dec Expiry with NIFTY 5800 Put Dec expiry - 22 Nov 2010

Buy NIFTY 5800 Put Dec Expiry @ Rs. 70 - 90 (according to risk level) with Stop Loss Rs. 30 , Current Market Price on 19 Nov 2010 is Rs. 106.90.


Note:- "This Call has been given to hedge the Long Position in NIFTY Fut Dec Expiry."


"Long position in NIFTY fut Dec Expiry has recommended on 19 Nov 2010 but active from 22 Nov 2010."

For Risky Traders - Buy NIFTY Fut Dec Expiry - 22 Nov 2010

If we see the movement of NIFTY from May 2010 to till 19 Nov 2010. Its clearly indicates that there is too major support around 5800 - 5820.

NIFTY Movement from May 2010 to 19 Nov 2010

So we can take risk at long side with strict Stop Loss.

Means, Long NIFTY.

Buy NIFTY Fut Dec Expiry @ 5890 - 5920 with strict Stop Loss 5820, try to buy around Stop Loss, difference should be 40 - 50 Points Between stop Loss and recommended buy or buy at current levels (according to risk level), Target 6100 - 6150.


Note:- Stop Loss Should be strictly follow.

NIFTY Support and Resistance - 22 Nov 2010

NIFTY Spot Support & Resistance:-


Support :- 5831.75, 5773.20, 5682.45
Resistance:- 5981.05, 6071.80, 6130.35


NIFTY Fut Nov Expiry Support & Resistance:-


Support:- 5829.13, 5768.11, 5676.18
Resistance:- 5982.08, 6074.01, 6135.03


Major NIFTY Spot Support & Resistance:-


Support:- 5723.23, 5556.31, 5248.68
Resistance:- 6197.78, 6505.41, 6672.33

NIFTY 5600 Put Dec Expiry Active on 19 Nov 2010

NIFTY 5600 Put Dec Expiry Active, Buy Call recommended @ Rs. 40 - 60, Stop Loss Rs. 15, Targets 150 - 200 -275 - 325 on 15 Nov 2010 (At that time CMP was Rs. 40.80).


Current CMP of NIFTY 5600 Put Dec Expiry is Rs.49.05, Today's High is Rs. 58.05. You are suggested to hold this position with the mentioned stop loss.

Book Profit in NIFTY 6000 Put when it comes around @ Rs. 150 - 170 according to risk level CMP as on 19 Nov 2010 Rs. 137

From some days Market is looking in Bloody mood. If we see the NIFTY movement from 12 Nov 2010 to 19 Nov 2010, its clearly indicates how much bearer is manipulating or try to push on downside more from 6298 to 5880. But if we see the movement of 1 month from 18 Oct 2010 to 18 Nov 2010, its clearly indicates that how much NIFTY is volatile  from 5987 - 6310 - 5880. 


On 27 Oct 2010 NIFTY was 5987
On 04 Nov 2010 NIFTY was 6281.80
On 19 Nov 2010 NIFTY is 5880.50


So its clearly indicates market had made a huge gape on upside from 5987(27 Oct 2010) - 6281.80(04 Nov 2010). Finlay NIFTY filled all these huge gaps on upside and down from 6281.80(04 Nov 2010) - 5880.50(19 Nov 2010).

NIFTY movement from 12 Nov 2010 to 19 Nov 2010

NIFTY Movement from 18 Oct 2010 to 18 Nov 2010

All this indicates that NIFTY has major support at 5820 if it breaks then there is huge gap down.

So, Book Profit in Buy NIFTY 6000 Put @ Rs. 150 to 170 according to Risk Level, Buy Call recommended @ Rs. 50 - 60 with Stop Loss of Rs. 30 on 12 Nov 2010.

Stop Loss Triggered in Buy NIFTY 6200 Call - But Buy NIFTY 6000 Put Rocks on 16 Nov 2010

Stop Loss Triggered in Buy NIFTY 6200 Call @ Rs. 15, CMP Rs. 13.75 at 14:14 PM, Buy Call Recommended @ Rs. 30 - 40 on 12 Nov 2010.


Buy NIFTY 6000 Put Rocks, Buy Call Recommended @ Rs. 50 - 65 on 12 Nov 2010, CMP is Rs. 74.25 at 14:15 PM, Today's High is Rs. 89.40.


You are requested to hold Buy NIFTY 6000 Put, Today's NIFTY Spot Low is 5971.45 till 14:17 PM. As I had said on 12 Nov 2010 " Please note that 6025 or 6010 or 5987 these are very crucial and turn around levels in NIFTY Spot, NIFTY can be "U" shape from these levels."


But NIFTY has broken these levels today so NIFTY can go up to 5600. So be very cautious while taking any long position with strict Stop Loss. But 5820 is the Strong major support for NIFTY.

Current Trading Strategy in NIFTY on DEC EXPIRY BASIS

Buy NIFTY 5600 Put Dec Expiry @ Rs. 40 - 60(according to risk level) CMP Rs. 40.80, Stop Loss Rs. 15, Targets Rs. 150 - 200 - 275 - 325.


Market will be huge volatile, so be very cautious while taking position in NIFTY.

NIFTY ANALYSIS PERFORMANCE SEPT 2010 - TILL NOV 2010

TOTAL NO. OF TRADING STRATEGIES IN NIFTY = 10 IN WHICH 7 ROCKS, 2 PROFIT WITH BREAK-EVEN & 1 IS FRESH CALL SUCCESS RATIO = 70% 

SR. NO	OPEN DATE	TRADING STRATEGIES ON NIFTY	DESCRIPTION	CLOSING DATE	TOTAL PROFIT / LOSS
1.	23, SEPT 2010	COVERED CALL	BUY NIFTY FUT OCT @ 5950 – 6010 + SHORT NIFTY CALL 6300 OCT EXPIRY @ RS. 42.40	13, OCT 2010	RS. 14565 PROFIT PER LOT
2.	23, SEPT 2010	LONG COMBO	BUY NIFTY 6300 CALL OCT EXPIRY @ RS. 43.55 + SHORT NIFTY 5800 PUT OCT EXPIRY @ RS. 96.80	13, OCT 2010	RS. 6097.50 PROFIT PER LOT
3.	11, Oct 2010	SYNTHETIC LONG CALL	BUY NIFTY FUT @ 6130 -6170 OR AT CURRENT LEVEL @ 6159.75 TARGETS 6260 – 6275 STOP LOSS 6107.29 + BUY NIFTY 6100 PUT @ RS. 60 – 70.05	13, OCT 2010	RS. 4177.50 PROFIT PER LOT
4.	11, OCT 2010	BUY NIFTY FUT + SELL OTM PUT	BUY NIFTY FUT @ CURRENT LEVELS OR BUY BETWEEN 6130 – 6170 (ACCORDING TO RISK LEVEL) TARGETS 6260 – 6275 STOP LOSS 6107.29 + SHORT NIFTY 6000 PUT @ RS. 42.70	13, OCT 2010	RS. 6995 PROFIT PER LOT
5.	15, OCT 2010	LONG NIFTY	BUY NIFTY @ 6060 – 6100 (ACCORDIG TO RISK LEVEL) WITH STRICT STOP LOSS 6000 TARGET 6135	18, OCT 2010	RS. 3750 PROFIT PER LOT
6.	21, OCT 2010	COLLAR	BUY NIFTY FUT NOV EXPIRY BETWEEN 6120 – 6170 (ACCORDING TO RISK LEVEL) STOP LOSS 6044 – 6076 (ACCORDING TO RISK LEVEL) TARGETS 6276 – 6305 (ACCORDING TO PROFIT LEVEL) + BUY NIFTY 6100 PUT NOV EXPIRY @ RS. 128.10 + SHORT NIFTY 6400 CALLNOV EXPIRY @ RS. 62.45	29, OCT 2010	RS. 613 PROFIT PER LOT
7.	29, OCT 2010	LONG STRANGLE	BUY NIFTY 6200 CALL @ RS. 61 OR BETWEEN RS. 40 – 60 (ACCORDING TO RISK LEVEL) + BUY NIFTY 5900 PUT @ RS. 77 OR BETWEEN RS. 60 – 80 (ACCORDING TO RISK LEVEL)	08, NOV 2010	RS. 1970 PROFIT PER LOT
8.	08, NOV 2010	SHORT CALL	SHORT NIFTY 6100 CALL @ RS. 253 – 270 (ACCORDING TO RISK LEVEL) STOP LOSS 315	08, NOV 2010	RS. 1150 PROFIT PER LOT
9.	11, NOV 2010	COLLAR	BUY NIFTY NOV FUT @ 6200 – 6230 (ACCORDITN TO RISK LEVEL) TARGETS 6300 – 6330 (ACCORDING TO RISK LEVEL) STOP LOSS 6175 + BUY NIFTY 6100 PUT @ RS. 37.25 + SHORT NIFTY 6400 CALL Rs. 21.10 STOP LOSS RS. 35 – 40 (ACCORDING TO RISK LEVEL)	12, NOV 2010	RS. 675 PROFIT PER LOT
10.	12, NOV 2010	LONG STRANGLE	BUY NIFTY 6200 CALL @ RS. 30 – 40 (ACCORDING TO RISK LEVEL) STOP LOSS RS. 15 + BUY NIFTY 6000 PUT @ RS. 50 – 65 (ACCORDING TO RISK LEVEL) STOP LOSS RS. 30.	RUNNING	FRESH CALL

Current Trading Strategy on NIFTY Spot @ 6071.65 on 15 Nov 2010 - Buy NIFTY 6200 Call & Buy NIFTY 6000 Put

As i had said Market is very volatile. whatever happened today on 12 Nov 2010. Its clearly shows the dramatic seen which has been created by market players.

NIFTY movement from 08 Nov 2010 to 12 Nov 2010 

NIFTY Movement from Oct to Nov till now

If we see the movement of NIFTY Spot from 08 Nov 2010 to 12 Nov 2010 in NIFTY movement from 08 Nov 2010 to 12 Nov 2010 chart. Its clearly indicates that Market is looking in very bearish mode, specially movement from 11 Nov 2010 to 12 Nov 2010. But if we see the movement from Oct 2010 to Nov till now. Its Clear indicates that NIFTY in Nov jumped from 6092.22 to 6312.45 and again down from 6312.45 to 6092.22 or below level. Means to say its to much volatile and market has filled the gap between 6092.22 to 6312.45.

So we can take following trading Strategy in NIFTY :-

Long Strangle means Buy *OTM Call + Buy *OTM Put

* Out -of-the- money

Buy NIFTY 6200 Call @ Rs. 30 - 45 (according to Risk level) Stop Loss is Rs. 15 + Buy NIFTY 6000 Put @ Rs. 50 - 65 (according to Risk level) Stop Loss is Rs. 30


Caution :- Market is too much volatile, so be very cautious while taking position in NIFTY. Please note that 6025 or 6010 or 5987 these are very crucial and turn around levels in NIFTY Spot, NIFTY can be "U" shape from these levels. So for long position in NIFTY, all these levels can be stop loss for long side traders at current level. So keep eye on NIFTY. But I Strongly believe NIFTY Spot will be above 6100 by this expiry.

Book Profit in NIFTY 6100 Put & 6200 Call and Close the Position.

Book Profit in Buy NIFTY 6100 Put @ Rs. 94.40 - 120 (according to Risk level) recommended @ Rs. 37.25 on 11 Nov 2010 and Book Profit in Short  NIFTY 6400 Call @ Rs. 9.75 - 5.30 (according to Risk Level) recommended @ Rs. 21.10 on 11 Nov 2010 and Final Close the Position.


So the Total Profit from the Collar generated on 11 Nov 2010 is :-
Loss From Long Position in NIFTY Nov Fut = Rs. -2750 per lot
Profit From Long Position in NIFTY 6100 Put = Rs. 2857.50 per lot (+57.15(94.40 - 37.25) Premium * 50))
Profit From Short Position in NIFTY 6400 Call = Rs. 567.50 per lot ( +11.35 (21.10 - 9.75) Premium * 50)


Total Profit in Collar = -2750 + 2857.50 + 567.50 = Rs. 675 per lot.

Current Status of Collar on 12 Nov 2010

I had generated trading Call Collar on 11 Nov 2010. The Call was :-

"Buy NIFTY Nov Fut @ 6200 - 6230(according to risk level) with Target of 6300 - 6330(according to risk level) Stop Loss is 6175 + Buy NIFTY 6100 Put @ Rs. 37.25 + Short NIFTY 6400 Call @ Rs. 21.10 with the stop loss of Rs. 35 - 40 (according to risk level)."

Current Status is that Stop Loss 6175 triggered in Buy NIFTY Nov Fut @ 6200 -6230 but Buy NIFTY 6100 Put @ Rs. 37.25 generating Profit,Current CMP is Rs. 75.80 at 14.11 PM and today high is Rs. 91.25 and NIFTY 6400 Call CMP is Rs. 12.80, Short Call recommended @ Rs. 21.10.

So Buy NIFTY Nov Fut @ 6230

Stop Loss Triggered in it which was 6175,

Loss = 6230 - 6175 = -55 Points per lot or Rs. -2750(50*-55 Points) per lot

Buy NIFTY 6100 Put @ Rs. 37.25

Current CMP is Rs. 75.80 and today high is Rs. 91.25

Profit = 91.25 - 37.25 = Rs. 54 Premium or Rs. 2700(50*54) per lot.

Short NIFTY 6400 Call @ Rs. 21.10

Current CMP is Rs. 12.10

Profit = 21.10 - 12.10 = Rs. 9 Premium or Rs. 450 (50*9) per lot.

So Over All Profit = -2750 + 2700 + 450 = 400 per lot.

You are requested to hold the NIFTY 6100 Put and Short NIFTY 6400 Call. 

Current Trading Strategy on NIFTY Nov Fut @ 6232.55 on 11 Nov 2010

As I had said on 08 Nov 2010 that NIFTY is Looking volatile from 100 to 150 points on downside and NIFTY became down -81.45 Points in Spot and -75.75 in Future today. Current Level in NIFTY Spot is 6194.25 & NIFTY Nov Fut 6232.55 on 11 Nov 2010. If we see the movement from 05 Nov 2010 to 11 Nov 2010, its clearly indicates that Market is Conservatively Bullish means Investor is concerned about near term down risk. It is sure that market will breakout from its high level in coming months but firstly it will consolidate between 100 - 150 Points down & up both side.

NIFTY  movement from 5 Nov 2010 to 11 Nov 2010

So we can take following Trading Strategy in NIFTY :-

Collar means, Buy Stock/Index + Buy *OTM Put + Sell *OTM Call

*OTM :-  Out -of the- money

Buy NIFTY Nov Fut @ 6200 - 6230(according to risk level) with Target of 6300 - 6330(according to risk level) Stop Loss is 6175 + Buy NIFTY 6100 Put @ Rs. 37.25 + Short NIFTY 6400 Call @ Rs. 21.10 with the stop loss of Rs. 35 - 40 (according to risk level).

Book Profit in Buy NIFTY 6200 Call @ Rs. 150 to 156 Don't wait for Rs. 200 - Buy Call recommended on 29 Oct 2010

Book Profit in Buy NIFTY 6200 Call @ Rs. 150 to 156 Don't wait for Rs. 200. NIFTY is looking volatile form 100 to 150 Points on downside.


Buy NIFTY 6200 Call recommended @ Rs. 61 on 29 Oct 2010
Current CMP on 08 Nov 2010 is Rs. 156


Total Profit = 156 - 61 = +95 Points per lot or Rs. 4750 (50*95 points) per lot.

Book Profit in Short NIFTY 6100 Call @ Rs. 230 right now generated today.

Book Profit in Short NIFTY 6100 Call @ Rs. 230 right now generated today @ Rs.253 and exit from this call.


and wait for next call.

Current Trading Strategy on NIFTY Spot @ 6312.45 on 05 Nov 2010

Market is showing that it will make new levels but some volatility will be there but not looking below 6100 by this expiry.

This is 5 days movement of NIFTY Spot from 29 Oct to 05 Nov 2010

It's clearly indicates that NIFTY is not looking below 6100 by this expiry.

So, current Trading Strategy will be,


Short NIFTY 6100 Call @ Rs. 253 to 270 (according to risk Level) with the stop loss of Rs. 315.


Notice:- This trading call is expiry point of view not intraday point of view.

Book Profit in Buy NIFTY 6200 Call @ Rs. 200 to 220 recommended @ Rs. 61 on 29 Oct 2010

You are suggested to book profit in Buy NIFTY 6200 Call when it comes to Rs. 200 to 220, Current CMP is Rs. 175. Buy Call recommended @ Rs. 61 on 29 Oct 2010.

Main events are Obama will sign some MOU (Memorandum of Understanding) with  our Prime Minister.


Keep eye on Reliance Power.

Exit from NIFTY 5900 put @ Current CMP Rs. 21.35 & hold NIFTY 6200 Call in Long Strangle generated on 29 Oct 2010

Status in Long Strangle generated on 29 Oct 2010


The Call was "Buy NIFTY 6200 Call @ Rs.61 or between Rs. 40 to Rs. 60(according to your risk level) + Buy NIFTY 5900 Put @ Rs.77 or between Rs. 60 to Rs. 80(according to your risk level"


Current Status :-
NIFTY 6200 Buy Call @ Rs. 61
NIFTY 6200 Call CMP Rs. 120


NIFTY 5900 Buy Put @ Rs. 77
NIFTY 5900 Put CMP Rs. 21.35


So Profit in NIFTY 6200 Call = 120 - 61 = +59 Points per lot or Rs. 2950(50*59 Points)per lot.
Loss in NIFTY 5900 Put = 77 - 21.35 = -55.65 Points per lot or Rs. 2780 (50*55.65 Points) per lot.


So, Overall Profit = +2950 - 2780 = Rs. 170 per lot


You are requested to exit from NIFTY 5900 put @ Current levels Rs.21.35 and hold NIFTY 6200 call. Market will see the new highs from coming days. If you have 4 lots in NIFTY 6200 Call then book partial profit means sell 2 lots and keep remaining lots for more profits but at least book 50% profit here because investment amount has been doubled Rs. 61 to Rs. 120 in NIFTY 6200 Call so, book your cost right now.

NIFTY 6200 Call Rocks & Hold the position in Long Strangle generated on 29 Oct 2010

Today market has recovered smartly more than +100 Points from 6043.60 to 6150 and made the day's high of 6171.85 for NIFTY Nov Future and Spot covered more than +90 Points from 6084 to 6117.55 and made the day's high of 6132.40.

NIFTY Spot on 01 Nov 2010

NIFTY Spot 5 days From 26 Oct 2010 to 01 Nov 2010

From the 5 days movement of NIFTY indicates that how NIFTY has come in the green signal from where it was going to red signal and looking to break the 5900.

NIFTY 6200 Call Rocks Buy recommendation @ Rs. 61 on 29 Oct 2010 and CMP is Rs. 98.45 and today's high was Rs. 107.80. The Mark to Market or MTM Profit is Rs.37.45 (98.45 - 61) per lot or Rs. 50 * 37.45 = Rs. 1872.50.

From Trading Point View Book Profit in 6200 Call for less risky traders at this level and From expiry point of view keep hold the position in Long Strangle generated on 29 Oct 2010 for more profit for risky traders. So enjoy the call.